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Novotech Awarded Frost & Sullivan’s 2024 Global Company of the Year Award for Its Leadership and Excellence in Biotech CRO Services

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Novotech’s innovative full-service approach accelerates clinical development with advanced analytics, diverse global patient access, and specialized technology.
SAN ANTONIO, Oct. 14, 2024 /PRNewswire/ — Frost & Sullivan recently conducted an in-depth analysis of the biotech contract research organization (CRO) industry and based on its findings, has awarded Novotech the 2024 Global Company of the Year Award. As a leading global full-service CRO with over 25 years of experience, Novotech specializes in providing comprehensive early- to late-phase clinical development services tailored to biotech companies.

Novotech enables biotech companies to navigate the complex global regulatory landscape by leveraging its extensive expertise in local regulations and deep understanding of cultural nuances. With 34 office locations across the United States, Europe, and the Asia-Pacific region—including Australia, China, India, Malaysia, New Zealand, and Thailand—Novotech’s global presence ensures that biotech firms receive tailored solutions that meet their unique needs. Additionally, Novotech distinguishes itself by providing access to diverse patient populations and accelerating recruitment timelines, significantly enhancing the efficiency and effectiveness of clinical trials.
Novotech is known for its customer-centric approach and proactive problem-solving strategies. The company employs a project manager-centric model, where dedicated and highly skilled project managers assume full ownership of clinical trials, ensuring seamless communication and efficient project execution. This model enhances the overall customer experience and fosters strong, collaborative client relationships. Additionally, through strategic partnerships and the integration of advanced technologies, including eClinical solutions and bioanalytical services, Novotech is firmly positioned as a leader in the biotech CRO market.
“Overall, Novotech distinguishes itself in the ever-expanding CRO market by successfully addressing the complex regulatory landscape with a deep understanding of local regulations and overcoming cultural barriers to establish itself as a truly global CRO. As a result, the company progresses closer to becoming a preferred global partner with regional leadership and localized expertise,” said Unmesh Lal, Global Research Director at Frost & Sullivan.
Novotech remains at the forefront of leveraging advanced technologies to revolutionize the clinical research landscape, driving greater trial efficiency and effectiveness. The company’s continuous investments in artificial intelligence (AI), big data and advanced analytics, digital clinical trials, and cloud-based software platforms have significantly elevated its clinical research capabilities. For instance, through its long-standing partnership with Veeva, Novotech enhances its biotech clients’ drug development programs by streamlining processes, improving data visibility, and providing advanced trial planning and predictive capabilities.
In parallel with its technological advancements, Novotech’s comprehensive bioanalytical services portfolio significantly enhances clinical trial efficiency. The company operates state-of-the-art central laboratories equipped with cutting-edge technologies, such as liquid chromatography-mass spectrometry (LC-MS). Located in key regions, including China and South Korea, these facilities process thousands of samples each month, supporting bioavailability, bioequivalence, and pharmacokinetic assessments. This robust infrastructure ensures that Novotech delivers precise and reliable data, thereby accelerating the drug development process for its expanding client base.
“Novotech continually invests in cutting-edge technology, including piloting a range of AI-enabled approaches, significantly expediting study timelines. In macro terms, Novotech increased the efficiency of some of its processes by a remarkable 10 to 20% in 2023, which in turn translates to increased speed for its biotech clients,” noted Sama Suwal, Best Practices Research Analyst.
Each year, Frost & Sullivan presents a Company of the Year award to the organization that demonstrates excellence, in terms of growth strategy and implementation in its field. The award recognizes a high degree of innovation with products and technologies and the resulting leadership, in terms of customer value and market penetration.
Frost & Sullivan Best Practices Awards recognize companies in various regional and global markets for demonstrating outstanding achievement and superior performance in leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analyses, and extensive secondary research to identify best practices in the industry.
About Frost & Sullivan
For six decades, Frost & Sullivan has been world-renowned for its role in helping investors, corporate leaders, and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models, and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion.
Contact:
Tarini SinghP: +91- 9953764546E: [email protected] 
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XDLINX Space Labs Set to Empower Nations’ space capabilities with their Innovative Technology with the recent seed funding of $7 million

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The company aims at accelerating development of ready to launch satellite platforms for Global Space Missions
HYDERABAD, India, Oct. 14, 2024 /PRNewswire/ — XDLINX Space Labs, a prominent Indian space-tech player, is transforming the global space industry through its ready to launch satellite platforms. The company offers spacecraft Platforms and Payload technology for Commercial and Defence ISR Space Missions. They offer full-stack ISR capabilities, with both optical and signal intelligence. With a revolutionary vision of empowering every Nation to build their Space Heritage and their sovereign space capabilities, they have recently raised $7 million in seed funding to accelerate the manufacturing of next-generation payloads. The funding round was led by Ashish Kacholia of Lucky Investments with additional backing from E2MC, Mana Ventures,and a prominent family office.

Founded in 2022 in Hyderabad, XDLINX Space Labs began with a bold vision to redefine space missions and make innovative satellite technology accessible to a broader range of clients. The company’s first major milestone came with the successful launch of JANUS-1, a software-defined 6U Nanosat to demonstrate multi-tenancy payload capabilities, developed in a record time of just 10 months and launched aboard ISRO’s SSLV-D2 rocket on February 10, 2023 which brought down the cost and time to space significantly,compared to other traditional satellite.
Rupesh Gandupalli,CEO & Co-Founder, XDLINX Space Labs said,”We are thrilled and excited to accelerate the manufacturing of next-generation payloads for defence and commercial missions like E-band communications,Optical and RF intelligence to building space heritage, operationalization of satellite bus platforms and expand our global presence. We envision a future where space becomes more accessible by building cost-effective satellites using 75% indigenous subsystems. We look forward to contributing in India’s growing role in global space race.”
The company is currently preparing for the launch of its next major project, Elevation-1, which will feature the world’s first miniaturized space-grade E-band payload, developed and scheduled to launch aboard SpaceX’s Transporter-12 mission. Elevation-1 is the first commercial mission designed to demonstrate E-band communications with digital modulation, and company owning a defined long-term roadmap of achieving data rates exceeding 10 Gbps.
Additionally, XDLINX Space Labs is developing the 150KG class satellite hosting Synthetic Aperture Radar (SAR) and Multi-Spectral optical sensors together using XDSAT-M600 platform for its customer scheduled to be launched in Q3-2025. The company is in final discussions with their customers building and launching a sub-meter multi-spectral imagery satellite constellation and has also signed MOUs with leading space companies globally, laying the groundwork for continued collaboration and development.
About XDLINX Space Labs
XDLINX Space Labs is an end-to-end small satellite mission-as-a-service provider for complete mission requirements- from design, supply chain ,build, integration, and space qualify to mission operations. The company offers spacecraft Platforms and Payload technology for Global Commercial and Defence ISR Space Missions, focusing on helping various nations build their Sovereign space capabilities, offer a full stack ISR capabilities both optical and signal intelligence. XDLINX offers fully configured satellites with payloads for Global Intelligence,Surveillance and Reconnaissance (ISR) missions. The company has successfully launched over 400 satellites in their past work tenure.
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Arctech’s Cutting-edge Cleaning Robot and Solar Tracking Technologies at REI 2024 Receive Great Attention

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DELHI, India, Oct. 14, 2024 /PRNewswire/ — From October 3rd to 5th, Arctech, the world’s leading solar tracking and racking solutions provider, participated in the Renewable Energy India Expo (REI)  in Greater Noida, Delhi, India. The exceptional India team presented four flagship products: the 1P solar tracking system SkyLine II, the 1P dual-row solar tracking system SkyWings, the newly developed Intelligent PV Cleaning Robot, and an innovative frame for PV modules made from polymer material. Notably, the Intelligent PV Cleaning Robot was the star of the show.

The robot, developed by Arctech independently, features several remarkable attributes that distinguish it from its counterparts.
Firstly, the cleaning robot is seamlessly integrated with its solar tracker system. This integration optimizes the operation path for solar module cleaning. Meanwhile, the cleaning robot’s shutdown platform is designed to integrate with the solar tracker’s spindle, which can reduce the number of posts required, thereby slashing the platform’s cost by 40%. The shutdown platform is engineered to align with the solar tracker’s operation trajectory, preventing operational disruptions and damage from misalignment between the platform and the modules while cleaning.
Furthermore, the robot’s lightweight structure, constructed from high-strength composite materials, reduces its weight by over 30% compared to traditional machines, minimizing the risk of damage to solar modules and ensuring consistent performance after 20,000 cycles. It features a patented differentiated drive design system for smooth transmission with minimal noise, quiet operation, and maintenance-free use. The incorporation of an AI-powered intelligent walking correction system, a straight-running anti-fall safety design, and a two-wheel stop mechanical windproof feature also enables it to withstand winds up to 50m/s.
Moreover, the robot is also equipped with a four-wheel drive system for anti-twisting, and hill-climbing up to 20 degrees, and can cross obstacles up to 50mm with a ± 20-degree module angle deflection. Its error-safe design incorporates light-sensitive sensors to prevent accidental activation and ensure efficient cleaning. Additionally, its compatibility design, featuring a telescopic anti-fall bridge, adapts to various panel array spacings, ensuring seamless integration with a range of solar panels and facilitating the smooth installation of solar trackers. To stay at the forefront of the industry trend and enhance solar project performance, Arctech has developed its Intelligent PV Cleaning Robot, with the first batch of mass-produced units scheduled for dispatch to India by early November.
Arctech’s SkyLine II and SkyWings solar tracking systems, featuring a multi-point drive mechanism, were highlighted at REI 2024 for their ability to enhance energy generation and lower the Levelized Cost of Energy (LCOE) for solar plants. The 1P SkyLine II is designed to follow the terrain, fitting India’s varied landscapes, while SkyWings, the world’s first dual-row tracker with this mechanism, ensures stability and optimal tilt for cleaning robots, suitable for India’s arid climates. Additionally, the polymer-material frames for PV modules, praised for their mechanical strength, corrosion resistance, and insulation, help prevent Potential Induced Degradation (PID), ensuring a stable operation for PV modules over the long term.
With a market presence spanning over nine years and a portfolio exceeding 10GW in the Indian market, Arctech is well-positioned to achieve even greater success with its advanced solar tracking, racking systems, and intelligent PV cleaning robot.
Video – https://www.youtube.com/watch?v=jQ2KUGTxh6E

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Invitation to presentation of Sinch’s interim report for the third quarter 2024

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STOCKHOLM, Oct. 14, 2024 /PRNewswire/ — Sinch AB (publ), which is pioneering the way the world communicates through its Customer Communications Cloud, will publish its interim report for the third quarter 2024 on Wednesday 6 November 2024, at 07:30 CET. A conference call and a webcast will also take place at 14:00 CET where Sinch’s CEO Laurinda Pang and CFO Roshan Saldanha will present the report. There will be a possibility to ask questions after the presentation.

Time for publication of the interim reportWednesday 6 November 2024, at 07:30 CET
Time for conference call and webcastWednesday 6 November 2024, at 14:00 CET
Conference call dial-in details If you wish to participate via teleconference, please register on the link below. After registration you will be provided with phone numbers and a conference ID to access the conference. There will be an opportunity to ask questions during the conference call.https://conference.financialhearings.com/teleconference/?id=50048793
Webcast and slide deck
The live webcast will be available at investors.sinch.com/webcast.
The presentation and report will be available at investors.sinch.com after publication.
Please also see investors.sinch.com/financial-calendar for other investor related events.
For further information, please contactOla ElmelandInvestor Relations DirectorMobile: +46 721 43 34 59E-mail: [email protected]
About Sinch
Sinch is pioneering the way the world communicates. More than 150,000 businesses – including many of the world’s largest tech companies – rely on Sinch’s Customer Communications Cloud to improve customer experience through mobile messaging, voice and email. Sinch has been profitable and fast-growing since it was founded in 2008. It is headquartered in Stockholm, Sweden, with shares traded at NASDAQ Stockholm: XSTO: SINCH. Visit us at sinch.com.
This information was brought to you by Cision http://news.cision.com.
https://news.cision.com/sinch-ab/r/invitation-to-presentation-of-sinch-s-interim-report-for-the-third-quarter-2024,c4049635
The following files are available for download:
https://mb.cision.com/Main/22250/4049635/3047665.pdf
20241014 Invitation to Q3 2024_ENG
 

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